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The Impact of Changing Lending Criteria

October 22nd, 2008 · No Comments

Here is a great video that explains and illustrates the changes in the mortgage industry through the real estate bubble, and now back through the downturn of the market. Among other things, it’s a perfect illustration of why you need alternatives to conventional financing right now. One great alternative is “Temporary Seller Financing“. Knowing about [...]

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Tags: banking · lending

Credit Crunch Worsening…

August 19th, 2008 · No Comments

If you have been following my blog for any amount of time, you probably know that to me bad news spells opportunity…
worsening credit crunch = opportunity
Here is the problem: Dealing with buyers who need new financing that has to be approved by the bank. (If you have a story about that, go ahead and send [...]

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Tags: REO · banking · foreclosure · investing · lending · market · short sale